Rowan Williams from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
02 July 2021 - 09:53
byBusiness Day TV
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“We like Reinet, it’s a little bit boring and I guess very safe. We think the rand has appreciated to a level where it’s closer to fair value and there has been a lot of positive political development. Reinet trades at a 42% discount to NAV, a quality asset and it’s weaned itself off of its smoking habit.”
Rowan Williams from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Stock Watch
WATCH: Stock pick — Reinet
Rowan Williams from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
Rowan Williams from Nitrogen Fund Managers chose Reinet as his stock pick of the day.
“We like Reinet, it’s a little bit boring and I guess very safe. We think the rand has appreciated to a level where it’s closer to fair value and there has been a lot of positive political development. Reinet trades at a 42% discount to NAV, a quality asset and it’s weaned itself off of its smoking habit.”
Rowan Williams from Nitrogen Fund Managers talks to Business Day TV about his stock pick of the day
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